consumers: I get asked: Do you have loans available for Canadian Buyers in Las Vegas? - 02/23/11 02:33 PM
Since I have been attracting alot of Canadians to my Las Vegas Real Estate links, the number 1 question I get in my first discussion is "Do you have loans available for Canadian Buyers in Las Vegas?"
The Answer is Yes! We can do loans here, for Canadian Buyers. Here are the Options:
1. If you are a Canadian Citizen you can declare your Las Vegas Property you buy as a second home. The down payment would be 35%.
2. If a Canadian Citizen has business dealings in Las Vegas, they may be able to establish permanent residency or there are … (0 comments)
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consumers: As Time Passes, Shadow Inventory will be Sold off to Baby Boomers - 02/17/11 11:04 AM
Dear Readers,
So far, we have been very busy in 2011. Home prices have pretty much stabilized and have even gone up in some parts of the Las Vegas Valley. You can read more about this phenomenon in an article written by Hubble Smith in the Las Vegas Review Journal entitled:
Parts of the Las Vegas Valley see Home Prices Improve in 2010
So here is my Shadow Inventory Story and I'm sticking to it!
Many are under the impression that we are going to get multitude of homes in the Las Vegas Valley dumped onto the market that fall under … (1 comments)
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consumers: An Invitation for Baby Boomers to Follow Whats Going on in the Las Vegas Valley Real Estate Market on Facebook. - 01/24/11 01:30 PM
I would like to invite you to join Siena in Summerlin Las Vegas on Facebook.
This page was created, on the Facebook Social Network for followers (resident or non-resident) that enjoy sharing positive views about living and/or visiting this beautiful Active Adult Community, post content and/or pictures of family or activities that they have participated in, access updated content and posts and learn about great deals available in and around Siena in Summerlin Las Vegas. Examples of content will include links to:
2 for 1 discounts at local restaurants. Coupons from local businesses. Articles on travel and healthy living. Articles on … (0 comments)
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consumers: Looking for 2011 to be a whole lot better in the Las Vegas Valley. - 12/07/10 01:46 PM
It sure is interesting what mid-term elections can do to begin to change your outlook on life here in the good old USA. A lot of political items need to be settled before the first of the year, but I'm keeping the faith that all will go in the right direction by then. But I do have one question:
"If the Bush Tax Cuts aren't extended or compromised on by the end of 2010, do we change the name to the Obama Tax Increase beginning to 2011?"
Please send your feedback and encouragement to your United States Senator and/or your United States Congressman.
Now, … (0 comments)
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consumers: Does that ever happen to you??? - 10/25/10 12:36 PM
I scheduled myself to meet a client at the office this morning at 10:00 AM. So I was up early to:
Pull the updated property list of properties we were going to look at. Arrange the properties in showing order to be most efficient with our time. Have breakfast with John, my husband. So its 9:34 AM, I'm just ready to leave and I go to my calendar only to find that I had the client scheduled for October 31 at 10:00 AM and not today!
Does that ever happen to you??? It doesn't happen often to me, but I just … (2 comments)
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consumers: I'm just going to be about GOOD NEWS today! - 09/26/10 11:49 AM
Dear Reader,
I'm just going to be about GOOD NEWS today! As I finalize this letter its 70`F degrees here in Las Vegas. The high will be 104`F today. No wind and sunny. A nearly perfect day!
In a previous newsletter, I wrote that some home prices are beginning to increase here in the Las Vegas Valley. Here is a link to an article written by Buck Wargo in the Las Vegas Sun this past week.
"Some Home Prices Come Up as ZIPs with Largest Declines see Rebound"
Buck does a good job of explaining the current status of the … (2 comments)
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consumers: Is the Poster Child for the Busted Housing Market coming Back to Life? - 09/12/10 09:58 AM
Is the Poster Child for the Busted Housing Market coming Back to Life?
(Let's look at the Big Picture!)
I'm passing along 2 articles today. The first one was published in the Las Vegas Review Journal last week by Lew Sichelman.
The Housing Scene: Average Home Prices Across Dip, Las Vegas Up Slightly
As I have said in previous letters, Las Vegas, now considered to be a large market by the Federal Housing Finance Agency, is beginning to see prices move up slightly (year over year) in homes valued from $100 to $249,000. Homes that are priced from $250,000 to … (4 comments)
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consumers: Wow! Las Vegas Home Prices to Increase? Bold Prediction - 08/09/10 04:22 PM
Dear Reader,
Las Vegas Home Prices to Increase
I have a Las Vegas Sun article, authored by Buck Wargo that I would like to share if you have not seen it yet. Click here--> Economist: Las Vegas home prices to go up slightly in '11
Wow! A bold prediction on Bucks part. As I wrote in an earlier e-mail, the Homes priced from $90,000 to $200,000 are stable and creeping up a bit.
The homes from $201,000 to $500,000 are really good buys and are not dropping like they were and there are some really good loan packages for them. Homes … (0 comments)
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consumers: Las Vegas Valley Real Estate Update from the Trenches 07/14/2010 - 07/14/10 05:36 PM
Summerlin Las Vegas News to Share
I have a Las Vegas Sun article, authored by Steve Green that I would like to share if you have not seen it yet.
Click here-à Land Plans Signal Growth in Summerlin
The good news is that it appears that Summerlin is headed for a growth spurt that many of us who work and live here have been waiting for. The bad news is that these projects are coming on the heels of a bankruptcy filing by General Growth Properties. So while these projects aren't finalized yet, I'm gratified that these kinds of discussions are … (0 comments)
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consumers: The Truth About Las Vegas Short Sales From Ground Zero - 05/19/10 01:00 PM
When I interview and sign-up home owners to sell their property in a short sale the most asked question is: What is average time frame for an approval letter?
Answer: Three months seems to be the average, but it varies greatly from bank to bank and file to file. I have a real advantage in that, through my Real Estate Broker, RE/MAX Central in Las Vegas I'm able to work with Short-Sale Attorney Eric Earley and his team of negotiators at the Law Offices of Steven Serle (located in our Las Vegas location). When we get a good offer on … (1 comments)
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consumers: It's Time to Hold Seminars on Short Sales for Homeowners that are "Underwater" - 04/26/10 02:07 PM
In a previous blog post, I wrote about how the Lenders are moving from foreclosure mentality towards a 3 step process to help homeowners:
Stay in their homes through loan modification or To short sell their homes if a loan modification will not work out. I also wrote about the sense of relief that homeowners feel when they realize that there is a chance for them to save their home or if they have to sell, there is a good chance that the lender will forgive the amount owed if the home sells for less than what's owed on the mortgage.
… (0 comments)
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consumers: A Message about Short Sales from Ground Zero - 04/25/10 05:40 PM
There are a couple of interesting articles popped up in the Las Vegas Review Journal during the past few days. Since Las Vegas has been called "Ground Zero" for foreclosures and short sales (check the numbers in Florida!), I thought I would share this information from "Ground Zero", where the experts are.
FROM THE LAS VEGAS REVIEW JOURNAL- Unfazed by numbers, analyst forecasts fewer foreclosures
FROM THE LAS VEGAS REVIEW JOURNAL- Short Sales Skyrocketing.. Trend may prevent a foreclosure wave.
I think that this will be a positive step for Las Vegas and many other markets accross the country. As we … (0 comments)
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consumers: If You're Upside Down, Talk to Your Realtor about a Short Sale - 04/13/10 02:58 PM
New Federal Rules recently went into effect to make foreclosing on a property the "Last Resort" during these, rather challenging economic times. If a Loan Modification for the home owner will not work maybe a Short Sale will be the best option.
Short Sales can be stressful and a time-consuming process. But in many cases they will be necessary in order to get upside down home owners out from under their mortgage debt, especially with property values at their lowest point in years. By doing a short sale, these homeowners may be able to take a large bite out of the … (1 comments)
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consumers: Las Vegas Market Update April 5, 2010 - 04/05/10 12:14 PM
I have inserted a link to the latest Las Vegas Real Estate Market Information. Please click on the link below to download and print this information.
Las Vegas Market Watch: Resale Home Inventory Update 03/29/2010
As you can see by the report, the number of short sales is escalating by a significant number. As a matter of fact, new federal rules to speed up the short sale selling process kick in today using the Home Affordable Foreclosure Alternatives Program.
This program is set up to streamline and speed up the process for short sale and deed-in-lieu-of-foreclosure transactions. In these types of … (0 comments)
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consumers: Things That Make You Go Hmmm about the US Real Estate Market - 03/30/10 02:44 PM
My latest Las Vegas Update comes from a combination of selling in the trenches and the latest hard data provided by Applied Analysis, an information and analysis resource that I use here in Las Vegas to update readers and followers on the latest Residential Real Estate trends here in the Las Vegas Valley.
Click hereto open and print the latest data on Las Vegas.
We have been very busy selling regular listings, short sales and foreclosures here in the Las Vegas Valley. Where we were very busy listing & selling foreclosures last year at this time, we now find ourselves selling … (3 comments)
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